2 Hankes RdAurora, IL 60506

For Sale
$1,099,000

High-Yield, Fully Leased Mixed-Use Building

Overview

Added:
Feb 3
Days on market:
39
This exceptional 5,760 square foot mixed-use property in Aurora, IL, presents a compelling investment opportunity. The building comprises three well-maintained office spaces and three apartments, all currently leased, ensuring immediate cash flow. Ample parking is available for tenants and visitors, adding significant value and convenience. The building's efficient design and strong tenant occupancy contribute to a highly attractive cap rate. Each unit benefits from separate utility metering, with tenants responsible for their own heat and electricity, minimizing operational expenses for the owner. The property also includes separate garage spaces, providing additional income potential or tenant amenities. Located at 2 Hankes Road, this property offers a blend of commercial and residential income streams, making it an ideal addition to any diversified investment portfolio. The building's excellent condition and strong tenant base promise consistent returns, making it a rare find in the current market. The property is situated in Aurora, IL, offering easy access to major transportation routes and a thriving local economy. This turnkey investment requires minimal management, making it an attractive option for both seasoned investors and those seeking a low-maintenance, high-return asset. The strong rental income and potential for future appreciation make this a truly exceptional opportunity.

Property Details for 2 Hankes Rd

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
5,760 SF
Year Built
1996

Location Insight

City
Aurora
County
Kane
State
Illinois
Latitude
41.76603
Longitude
-88.38407
2 Hankes Rd, Aurora, Illinois

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2 Hankes Rd
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